Planned gifts can be an advantageous way to support Goodwill Columbus while providing tax benefits to you and your loved ones.
Planned gifts provide lasting support for Goodwill Columbus, reinforcing our mission while offering donors tax benefits. A planned gift might be a simple bequest, a gift of stock, or a more complex donation, such as the creation of a charitable gift annuity. With careful and creative planning, your estate gift can result in increased retirement income; and reduced income, capital gains and estate taxes.
To make a charitable bequest, you need a current will or revocable living trust. Your gift can be made as a percentage of your estate, or you can make a specific bequest by giving a certain amount of cash, securities or property, or by naming Goodwill Columbus as a beneficiary of your life insurance, pension plan, 401K or IRA. When planning your legacy giving, you do not have to choose between Goodwill and your family; you can give to both. In fact, in some cases, the charitable gift may reduce inheritance taxes for your family. You may also change your gift at any time, should something occur.
Please consider making a legacy gift and continue to build independence, quality of life, and work opportunities for individuals with disabilities and other barriers for generations to come. Contact Esther Brody, Director of Development, at 614.583.0295, to discuss these giving options.